13 October, 06:47
Which best describes how a recession develops as demand and production decrease
The recession enters a recovery period.
The recession slows.
The recession accelerates.
The recession starts and stops.
13 October, 07:17
The recession accelerates
Recession is an economic phase where economy is generally slow with low GDP and high inflation. In order to avoid recession it is important that market forces run and move on their own without government influence. If an economy is in recession, a decrease in demand and production will lead to more panic and shortage that will accelerate recession.
13 October, 08:15
C. The recession accelerates
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» Which best describes how a recession develops as demand and production decrease The recession enters a recovery period. The recession slows. The recession accelerates. The recession starts and stops.